Check out the companies making headlines in midday trading. CrowdStrike — The cybersecurity company surged more than 15% after topping Wall Street’s quarterly estimates and issuing strong guidance. CrowdStrike reported adjusted earnings of 95 cents per share on $845 million in revenue. Management also reiterated its plan to reach $10 billion in annual recurring revenue by 2030. JD.com — The Chinese e-commerce platform surged nearly 19% after posting a quarterly revenue increase. The company also launched a $3 billion share purchase program, scheduled to begin this month, that will last until March 2027. Nordstrom — Shares plummeted 14% after the department store chain issued a muted outlook for 2024. Nordstrom expects full-year revenue to range from a 2% decline to a 1% gain in comparison to last year. Thor Industries — Shares plunged 11% after the recreational vehicle maker posted quarterly revenue that disappointed expectations. In its second quarter, Thor Industries reported revenue of $2.21 billion, weaker than the FactSet consensus estimate of $2.27 billion. Foot Locker — Shares tumbled 27.6% after the sneaker retailer reported a loss for the fourth quarter and issued weak guidance for the current year. Foot Locker expects full-year adjusted …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in midday trading. CrowdStrike — The cybersecurity company surged more than 15% after topping Wall Street’s quarterly estimates and issuing strong guidance. CrowdStrike reported adjusted earnings of 95 cents per share on $845 million in revenue. Management also reiterated its plan to reach $10 billion in annual recurring revenue by 2030. JD.com — The Chinese e-commerce platform surged nearly 19% after posting a quarterly revenue increase. The company also launched a $3 billion share purchase program, scheduled to begin this month, that will last until March 2027. Nordstrom — Shares plummeted 14% after the department store chain issued a muted outlook for 2024. Nordstrom expects full-year revenue to range from a 2% decline to a 1% gain in comparison to last year. Thor Industries — Shares plunged 11% after the recreational vehicle maker posted quarterly revenue that disappointed expectations. In its second quarter, Thor Industries reported revenue of $2.21 billion, weaker than the FactSet consensus estimate of $2.27 billion. Foot Locker — Shares tumbled 27.6% after the sneaker retailer reported a loss for the fourth quarter and issued weak guidance for the current year. Foot Locker expects full-year adjusted …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
